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Biotech / Medical : WAND (Milestone Scientific) -- Ignore unavailable to you. Want to Upgrade?


To: AT7 who wrote (422)4/18/1998 1:34:00 AM
From: Dale Baker  Respond to of 717
 
Looking at the recent chart, 18 was support before and now seems to be resistance on the upside. If WAND breaks down through 15, that would indicate a further move lower. Plus a few million dollars loss for the new holders if they stay in.

With such large volume, WAND should be an interesting play. Fortunately I hold a few less shares than some others on the thread.



To: AT7 who wrote (422)4/18/1998 2:08:00 PM
From: Robert Gintel  Read Replies (1) | Respond to of 717
 
"I would say the guy would do anything to make the stock go up."

You misjudge me. If that were true, I would not be lending out my stock so that the shorts could borrow it, and thus aggravate an already tight stock loan condition in Wand stock. I am not interested in creating a short squeeze to have a short term rise in the price of the shares. I view an equity ownership in this company as a sound long term situation that could appreciate over time to stock prices well above current levels. I am prepared to hold the stock for several years, as I have many others in the course of my 47 year carrer as a professional investor.

You must not necessarily ascribe what might be your motivations, to the motivations of others.